Archive for the 'Market Trends' Category

When do you buy the housing market?

Saturday, November 24th, 2007

I don’t usually lounge around on weekends and watch TV, but the four-day weekend has me unusually lazy. Or maybe it’s the left over tryptophan from Thanksgiving…

Anyway, one topic of discussion this morning on Fox’s Bulls and Bears show was finding the bottom of the housing market. A few of the talking heads were quick to point out that home builder stocks had dropped as much as 90% over the last year to 18 months, and that qualified them as a good buy, regardless of whether we’re at the bottom or not.

I disagree.

The stock market has the advantage of being …


Is it time to short crude?

Friday, November 23rd, 2007

There are very few people out there that can seem to justify the near $100 price tag on crude oil. The fundamentals based on supply and demand support levels much lower than $100, leading one to believe that the additional premium on black tea is built on speculation, which tends to be the most volatile trait of a commodity.

So one has to wonder, is it time to short crude?

The next question you might ask, is if so, how? The traditional way to trade oil is through a futures account, which tends to be an expensive endeavor just to set up …


Time To Get Out of Energy?

Friday, November 2nd, 2007

Speaking during a Personal MarketWatch interview with senior columnist Chuck Jaffe, Bernard Horn, who runs Polaris Global Value Fund, indicated that companies like Chevron and Chesapeake Energy, while great companies, are not necessarily the stocks to own right now.

His rationale was that the energy stocks in particular, but also the metals stocks, are valued at unsustainable levels of crude and ore prices.

I’ve never been one to consider myself greedy, and this short blurb from MarketWatch.com got me thinking as to whether or not I should start parsing my portfolio of energy.

I’m a firm believer that oil is going …


Rescue Me?

Monday, August 6th, 2007

On the brink of a Fed meeting, and with the latest turmoil in the markets due to among other things, credit and sub-prime lending, I ask you this:

Should Bernanke and the Fed step in to simmer these markets down?

Post your response as a comment.